AlphaTON Capital Leases 504 NVIDIA B200 GPUs in $30M Compute Deal
AlphaTON Capital signed a $30 million compute lease to deploy 504 NVIDIA B200 GPUs in Canada, targeting a 1.7x return multiple and 40% IRR. The deployment is expected to generate at least $1.2 million in monthly revenue starting March 2026 and scale to 1,080 chips for $3.11 million by April.
1. Strategic $30M Lease for 504 GPUs
AlphaTON Capital executed a $30 million lease agreement to deploy 504 NVIDIA B200 GPUs in a Canadian data center this week, targeting a 1.7x return multiple and 40% IRR through hourly rentals to AI developers and the Telegram ecosystem.
2. Revenue Projections and Deployment Timeline
The B200 deployment will generate a minimum of $1.2 million in monthly revenue starting March 2026, with an estimated $1.45 million at full utilization; the company expects to bring its total GPU count to 1,080 by April, boosting monthly revenue to approximately $3.11 million.
3. Recent GPU Infrastructure Milestones
This marks AlphaTON’s third major GPU deployment in under three months, following a $46 million agreement for 576 NVIDIA B300 chips in January and a November pilot of B200s on the Cocoon AI network that saw 340% month-over-month growth in inference requests.
4. Capital-Efficient Growth and Canadian Data Center Advantages
The leasing structure preserves balance sheet flexibility while leveraging Canada’s abundant clean hydroelectric power, competitive energy costs and natural cooling, positioning AlphaTON as a leader in privacy-centric AI infrastructure with sustainable, high-performance capacity.